Restaurant Brands International (QSR) Operating Leases (2013 - 2026)

Restaurant Brands International's (QSR) quarterly Operating Leases came in at $1.9 billion in Q1 2026, up 7.46% year-on-year from $1.8 billion in Q1 2025, and up 0.84% on a QoQ basis from $1.9 billion in Q4 2025.

Restaurant Brands International (QSR) Operating Leases (2013 - 2026) Analysis & Trends

Restaurant Brands International (QSR) has 14 years of Operating Leases data on file, last reported at $1.9 billion in Q1 2026.

  • On a quarterly basis, Operating Leases rose 7.46% year-over-year to $1.9 billion in Q1 2026; TTM through Mar 2026 was $1.9 billion, a 7.46% increase from a year earlier, with the FY2025 full-year figure at $1.9 billion, up 7.34% from the prior year.
  • Operating Leases for Q1 2026 stood at $1.9 billion, up from $1.9 billion in the prior quarter.
  • Over the last five years, Operating Leases for QSR reached as high as $1.9 billion in Q1 2026 and fell as low as $1.0 billion in Q3 2022.
  • Historically, Operating Leases has averaged $1.4 billion across 5 years, with a median of $1.1 billion in 2024.
  • Across the five-year window, Operating Leases declined 5.12% in 2023 and jumped 76.97% in 2024, its largest moves.
  • Year by year, Operating Leases stood at $1.0 billion in 2022, then climbed by 3.12% to $1.1 billion in 2023, then jumped by 67.14% to $1.8 billion in 2024, then grew by 7.34% to $1.9 billion in 2025, then increased by 0.84% to $1.9 billion in 2026.
  • Per Business Quant data, the three most recent Operating Leases figures were $1.9 billion in Q1 2026, $1.9 billion in Q4 2025, and $1.8 billion in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Starbucks 117.61 Bn 115.91 Bn 6.32 Bn
2 Chipotle Mexican Grill 41.20 Bn 40.33 Bn 2.61 Bn
3 Yum Brands 40.68 Bn 39.99 Bn 1.38 Bn
4 Restaurant Brands International 25.13 Bn 25.66 Bn 2.14 Bn
5 Darden Restaurants 22.23 Bn 21.99 Bn 3.68 Bn
6 Yum China Holdings 15.22 Bn 14.47 Bn 2.31 Bn
7 Texas Roadhouse 12.56 Bn 12.37 Bn 1.40 Bn
8 Dominos Pizza 10.74 Bn 10.60 Bn 478.23 Mn
9 Dutch Bros 8.14 Bn 8.10 Bn 107.48 Mn
10 Brinker International 7.99 Bn 7.93 Bn 1.10 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 1.92 Bn
Dec 31, 2025 1.90 Bn
Sep 30, 2025 1.84 Bn
Jun 30, 2025 1.84 Bn
Mar 31, 2025 1.78 Bn
Dec 31, 2024 1.77 Bn
Sep 30, 2024 1.78 Bn
Jun 30, 2024 1.77 Bn
Mar 31, 2024 1.08 Bn
Dec 31, 2023 1.06 Bn
Sep 30, 2023 1.00 Bn
Jun 30, 2023 1.04 Bn
Mar 31, 2023 1.02 Bn
Dec 31, 2022 1.03 Bn
Sep 30, 2022 1.00 Bn
Jun 30, 2022 1.05 Bn
Mar 31, 2022 1.07 Bn
Dec 31, 2021 1.07 Bn
Sep 30, 2021 1.06 Bn
Jun 30, 2021 1.08 Bn